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news-imageOctober 26, 2024

Bitcoin Surges Above $67K Amid Market Liquidations

Bitcoin (BTC) has made a notable comeback, climbing back above the $67,000 mark. This upward momentum comes amid high expectations for upcoming economic news and significant movements in the crypto market.
Publisher: The Currency Analytics
Sentiment: Positive
BTC

More News Articles

Negative
cover-imageUToday
October 26, 2024

Bitcoin's PoW Is Bug, Not Feature, Here's Why

Bitcoin (BTC) "Store of Value" narrative might be on borrowed time due to conflicts of interest in the proof-of-work ecosystem, constant selling pressure and the vulnerability of miners, prominent Ethereum (ETH) proponent Adriano Feria says. Meanwhile, ETH/BTC rates dropped to the lowest levels since early April 2021.

Negative
cover-imageCoingape
October 26, 2024

Why Bitcoin Price May Fall Below $60000?

Bitcoin price witnessed a much-needed recovery to $70,000 amid FOMO related to ‘Uptober' rally. However, the positive sentiment among bulls built after breakouts on technical charts, US Fed rate cuts, and Donald Trump's re-election odds has now faded amid the latest concerns.

Negative
cover-imageThe Daily Hodl
October 26, 2024

Microsoft Schedules December Shareholder Vote on Possibility of Investing in Bitcoin, Board Recommends Against It

Tech giant Microsoft is scheduling a shareholder vote in December on the prospect of investing in Bitcoin (BTC) despite recommendations against it. In a new filing with the U.S. Securities and Exchange Commission (SEC), Microsoft's board of directors recommends voting against considering the idea of investing in the top crypto asset by market cap.

Positive
cover-imageCoinPedia
October 26, 2024

Bitcoin Bull Run on the Horizon: Will BTC Reach $100K by December?

The cryptocurrency market is buzzing with optimism as analysts forecast a potential rise in Bitcoin's price to $100,000 within the next year. This bullish sentiment is fueled by several key factors, including institutional adoption, U.S. government overspending, and anticipated economic stimulus packages.

Positive
cover-imageNewsBTC
October 26, 2024

Bitcoin Bull Run Not Over Yet? This Ratio Has Just Seen A Golden Cross

Data shows the ratio between two Bitcoin on-chain metrics has recently formed a pattern that has historically been bullish for the asset's price. Bitcoin LTH/STH SOPR Ratio Has Crossed Above Its 90-Day MA Recently In a new post on X, CryptoQuant author Axel Adler Jr has discussed about the recent trend in the Bitcoin SOPR Ratio.

Negative
cover-imageCoinPedia
October 26, 2024

Bitcoin Price Analysis: Will the US Elections Ignite a Bull Run?

Bitcoin lost its overnight gains, dipping below $67,000 to an intraday low of $65,700. This drop is tied to rising geopolitical tensions, particularly the escalating conflict between Israel and Iran, pushing investors toward safer assets. During times of global instability, BTC tends to face selling pressure as market confidence fades.

Neutral
cover-imageThe Currency Analytics
October 26, 2024

Peter Schiff Critiques MicroStrategy Shares: The Bitcoin vs. Gold Debate Heats Up

Peter Schiff, a well-known economist and fervent advocate for gold, has raised eyebrows in financial circles by declaring MicroStrategy (MSTR) shares to be “the most overvalued stock” on the market. This assertion comes at a time when the company's assets have reportedly grown twenty-fold over the past decade, igniting debate about the valuation of both the company and its heavy investment in Bitcoin.

Positive
cover-imageCoinPedia
October 26, 2024

Bitcoin Price Prediction: Bullish Trend Returns, Next Stop $77k

Bitcoin is currently holding a crucial support level on the price chart, holding above $65,000. Although there has been a recent short-term drop, Bitcoin still shows signs of an oversold condition. This downturn coincided with major news affecting the crypto market, which was dissected by analyst Josh of Crypto World.

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